This company has been acquired
Oak Street Health Balance Sheet Health
Financial Health criteria checks 2/6
Oak Street Health has a total shareholder equity of $-267.3M and total debt of $978.6M, which brings its debt-to-equity ratio to -366.1%. Its total assets and total liabilities are $2.1B and $2.3B respectively.
Key information
-366.1%
Debt to equity ratio
US$978.60m
Debt
| Interest coverage ratio | n/a |
| Cash | US$425.60m |
| Equity | -US$267.30m |
| Total liabilities | US$2.32b |
| Total assets | US$2.05b |
Recent financial health updates
No updates
Recent updates
CVS close to acquiring Oak Street Health for $10.5B - WSJ
Feb 07Oak Street Health jumps on report of CVS takeover interest
Jan 09Oak Street Health pares gain on report about takeover chances
Nov 16Oak Street Health Q3 2022 Earnings Preview
Nov 07Oak Street Health downgraded at Goldman Sachs citing cloudy outlook
Sep 12Oak Street Health slips aftermarket on secondary stock offering
Aug 16Oak Street Health Q2 2022 Earnings Preview
Aug 01Oak Street Health Grows Revenue But Struggles With Higher Medical Costs
Dec 22Oak Street Health: Poised For Growth Following RubiconMD Deal
Dec 01Financial Position Analysis
Short Term Liabilities: OSH has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: OSH has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: OSH has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: OSH's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: OSH has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: OSH has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 44.1% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/05/03 17:51 |
| End of Day Share Price | 2023/05/01 00:00 |
| Earnings | 2022/12/31 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Oak Street Health, Inc. is covered by 22 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Matthew Gillmor | Baird |
| Sarah James | Barclays |
| Kevin Fischbeck | BofA Global Research |